Looking At eBay's Recent Unusual Options Activity

Benzinga's options scanner just detected over 8 options trades for eBay EBAY summing a total amount of $556,150.

At the same time, our algo caught 3 for a total amount of 117,882.

Latest Startup Investment Opportunities:

Projected Price Targets

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $40.0 to $40.0 for eBay over the recent three months.

Analyzing Volume & Open Interest

Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for eBay's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of eBay's whale trades within a strike price range from $40.0 to $40.0 in the last 30 days.

eBay Option Activity Analysis: Last 30 Days

Noteworthy Options Activity:

About eBay

EBay operates one of the largest e-commerce marketplaces in the world, with $74 billion in 2022 gross merchandise volume, or GMV, rendering the firm a top 10 global e-commerce company. eBay generates revenue from listing fees, advertising, revenue-sharing arrangements with service providers, and managed payments, with its platform connecting more than 132 million buyers and roughly 20 million sellers across almost 190 global markets at the end of 2022. eBay generates just north of 50% of its GMV in international markets, with a large presence in the U.K., Germany, and Australia.

In light of the recent options history for eBay, it's now appropriate to focus on the company itself. We aim to explore its current performance.

Present Market Standing of eBay

• With a trading volume of 2,175,800, the price of EBAY is down by -0.12%, reaching $41.28.
• Current RSI values indicate that the stock is may be approaching overbought.
• Next earnings report is scheduled for 21 days from now.

Expert Opinions on eBay

2 market experts have recently issued ratings for this stock, with a consensus target price of $47.0.

• An analyst from Wells Fargo persists with their Equal-Weight rating on eBay, maintaining a target price of $45.
• In a cautious move, an analyst from BMO Capital downgraded its rating to Market Perform, setting a price target of $49.

Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for eBay with Benzinga Pro for real-time alerts.